Author Question: Which of the following is truein regards to a limited liability company? a. Makes up 10 of business ... (Read 68 times)

jwb375 · **on:** Jul 6, 2018

Which of the following is truein regards to a limited liability company?
a. Makes up 10 of business organizations in the United States.
b. Combines the attributes of a partnership and a corporation.
c. Provides tax and liability advantages to the owners.
d. All are correct.

Question 2

An entity that is organized according to state or federal statutes and in which ownership is divided into shares ofstock is a
a. proprietorship
b. corporation
c. partnership
d. governmental unit